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2 Wins in Different Courts Spark Renewed Hope for Litigant
"We are in a position where we now are in the driver's seat, legally," said Bruce Afran, the Princeton attorney representing students, faculty and others who support Westminster. "Rider is gonna have to prove that it had a financial need to close Westminster, which it did not and it can't show."Bankruptcy Transferring Control to Parent Was Filed in Good Faith
In recent years, as extensive pre-bankruptcy planning has evolved, bankruptcy filings frequently involve affiliates of larger companies, engineered with a structuring of liabilities in mind. This is especially relevant in the area of mass tort litigation. The question of whether these targeted filings are for a legitimate bankruptcy purpose or should be dismissed has been the subject of significant high-profile litigation.What's Inside: The Value of a Gift and Maximizing Gifting Strategies
With the $12.92 million lifetime estate and gift tax exemption and the $17,000 annual gift tax exclusion being at all-time highs and indexed for inflation, many advisers are recommending families review their willingness and ability to develop an annual gifting plan and implement more substantial gifting strategies.Special Section: 2023 Professional Excellence
Welcome to the 2023 Professional Excellence Awards supplement. This year we honored three notable attorneys, nine Lifetime Achievement winners, 11 Distinguished Leaders, nine Law Firm Mentors, 11 Unsung Heroes, eight Power Players, six Dealmakers and 29 Lawyers on the Fast Track.DEI Efforts Will Continue If We Are Willing to Continue
May I suggest that the expression of exhaustion in this work is a place for the privileged even if understandable. Let's pause and reset and reinvigorate each other, when necessary, but don't give up now.View more book results for the query "Faegre Drinker Biddle"
$26M Award Hangs in Balance as Court Scrutinizes Alleged Attorney Missteps
The court will also consider whether the defendants waived the attorney-client privilege for certain communications, and whether certain statements by plaintiffs' counsel during summation were improper or misleading.Changing How We Look at Structured Settlement Transfers
In my March article, I wrote about the Cordero case, which remains well-known in the relatively small and insular structured settlement industry. Lujerio Cordero had sold, in six separate transactions, the majority of his guaranteed income streams from a structured settlement annuity to third-party factoring companies.The 2023 NLJ 500: Law Firms to Note
From transformative mergers, to big head count growth at Kirkland & Ellis and declines at Jones Day, here are some of the most noteworthy moves within the NLJ 500.NYC's Accelerator Program: PACE May Quicken in the City
Although the initial compliance period under LL97 is less than 6 months away, the authors are unaware of loans having closed under the Accelerator Program during the past year. This article sets forth some of the Accelerator Program's challenges and how certain proposed changes to its rules may improve upon its accessibility for LL97 compliance.Litigator of the Week Runners-Up and Shout Outs
Runners-up this week include lawyers from Hogan Lovells, Quinn Emanuel, Otterbourg, Weil Gotshal and Gibson Dunn.Trending Stories
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5 Proven Steps to Accelerate Business Growth in a Crowded Legal Market
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2024 Report: Digital Payments in Class Actions and Mass Torts + a Special Look at Industry Fraud
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Law Firm Office Space Perspective: Major U.S. Markets
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Expanding Your Practice Areas: How to Expand Offerings that Attract and Retain Clients
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